AEROGELS MARKET ANALYSIS

Aerogels MarketSize and Trends

The multi-disciplinary use of aerogels across various sectors is a major driver for growth of the aerogel market. This has led to various technological advancements in the market. However, aerogels are found to irritate the eyes, skin, respiratory tract, and digestive system. Small silica particles can lead to silicosis when inhaled. This results in dehydration of the skin and eyes. Hence protective gear including respiratory protection, gloves, and eye goggles need to be worn while handling aerogels.

Silica aerogel is the most used aerogel. It is used in important applications such as oil & gas, building insulation, automotive, aerospace, electronics, and others. The rising need for biodegradable products has been observed due to increasing awareness regarding environment protection. Aerogel proves to be an efficient alternative to conventional insulators as a result of its low thermal circulation, thus reducing the loss of energy and costs. Blankets are the most used form of aerogels as a result of its easy handling. Blankets are formed by the blending of silica aerogels and flexible fibers.  As oil well lines, LNG tankers, and transfer lines need to be heated, super cooled, and protected to maintain product temperature aerogels are said to provide better thermal insulating properties. Oil & gas is the largest market for aerogels. The rising need for advanced insulation supplies in its important processes boosts the growth for oil & gas segment of the aerogels market. The increasing demand for aerogels applications in industries such as construction, oil & gas, and automobiles, is expected to drive the growth for the global aerogels market.

Market- Trends